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Jul 24, 2011
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, big spending cuts. but, the white house knew that a lot of republicans including speaker john boehner thought it would be irresponsible to not -- raise the debt ceiling and go past the limited and on the other hand, the white house is insisting on a long term deal to get it passed the election, and, republicans know that they cannot reject a deal too, voy default now, just so they can get it passed the election and if there is an actual deal that is -- for 6 months the white house will have to accept it. so, both sides have these weakness in their bargaining positions. >> jamie: byron york of the washington examiner, i know you wrote a great piece on this yesterday and we'll follow your commentary how things are going in washington. thanks for weighing in, today. >> thank you, jamie. >> eric: right now it is ten at night in hong kong and 11:00 at night in tokyo and, in hours when the traders wake up and go to work, what will happen? all eyes are anticipating what could happen when trading beginnings in
, big spending cuts. but, the white house knew that a lot of republicans including speaker john boehner thought it would be irresponsible to not -- raise the debt ceiling and go past the limited and on the other hand, the white house is insisting on a long term deal to get it passed the election, and, republicans know that they cannot reject a deal too, voy default now, just so they can get it passed the election and if there is an actual deal that is -- for 6 months the white house will have...
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Jul 16, 2011
07/11
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then the next big question, where on earth would she fly to? we have heard everything from puerto rico to new york, to staying with an aunt in texas. again, rick, it is simply speculation and that remains to be seen. but we will find out soon enough. >> rick: do we know anything about the kind of coaching or advice that casey anthony or her team are getting right now? >> we have seen her primary defense attorneys come and go from this particular jail where casey anthony has been incarcerated. on thursday it was jose baez and yesterday, chaney mason stopped by here and was inside for quite some time. both of those attorneys, baez and mason, have not spoken to reporters as they have been coming and going. but, of course, we assume that they are inside, they are coaching her on trying to get through life when she walks away from this facility, and carefully orchestrating her release from jail because as we know, death threats have been made against casey anthony. this has really struck a cord, this not guilty verdict on that first degree count of
then the next big question, where on earth would she fly to? we have heard everything from puerto rico to new york, to staying with an aunt in texas. again, rick, it is simply speculation and that remains to be seen. but we will find out soon enough. >> rick: do we know anything about the kind of coaching or advice that casey anthony or her team are getting right now? >> we have seen her primary defense attorneys come and go from this particular jail where casey anthony has been...
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Jul 23, 2011
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that's my big worry. soy far the -- so far the markets are calm, surprisingly so to me >> arthel: the average person is caring about their jobs and whether people are going to start hiring them and they are not going to charge too much interest rate. we could go on. >> businesses are afraid to hire, because deficits crowd out the economy. i think that's why unemployment is remaining high. >> arthel: i feel like it is turning into this political football. i think the average person is getting to the point where who should they believe? they are telling me that we have to stop now. gary, i've enjoyed the conversation, but i must end it there, thank you for your time >> my pleasure. >> rick: 15d news out of london today. sing -- sad news out of london today. er amy winehouse is dead. -- the cause of death not immediately clear the 27-year-old had a history of struggling with drugs and alcohol for years. >> her death this is very odd, winehouse becomes the latest singer to join the so-called forever 27 club.
that's my big worry. soy far the -- so far the markets are calm, surprisingly so to me >> arthel: the average person is caring about their jobs and whether people are going to start hiring them and they are not going to charge too much interest rate. we could go on. >> businesses are afraid to hire, because deficits crowd out the economy. i think that's why unemployment is remaining high. >> arthel: i feel like it is turning into this political football. i think the average...
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Jul 17, 2011
07/11
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we should get a big reduction plan. >> gregg: tax increases is yes for you? >> i support a simpson-boles. >> gregg: that is a tax increase? >> they wipe out tax expenditures and lower the rates. and i support dynamic scoring would be tremendous for the economy. >> gregg: i'm confused, i must confess, as recently five days ago, you seem to be advocating a smaller $2 trillion deal as having a better chance of passing. now all of a sudden, you are in favor of $4 trillion deal, what has changed? >> if congressional leaders can't pass everything that the president wants, we should have a gear ratio of at least $3 in spending cuts to every dollar that the president wants. the ideal situation would be the big deal, the simpson bowls deal because $4.5 trillion deal and that would reassure u.s. allies. >> gregg: you don't feel like you pe betrayed people that you are not going to raise taxes, do you? >> my job is to expand this economy and to do it in an effective way. not to give speeches capitol hill but to advance the economic interests of the united states. >> gre
we should get a big reduction plan. >> gregg: tax increases is yes for you? >> i support a simpson-boles. >> gregg: that is a tax increase? >> they wipe out tax expenditures and lower the rates. and i support dynamic scoring would be tremendous for the economy. >> gregg: i'm confused, i must confess, as recently five days ago, you seem to be advocating a smaller $2 trillion deal as having a better chance of passing. now all of a sudden, you are in favor of $4...
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Jul 23, 2011
07/11
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they've seen what happens in greece, they've seen the net results of big spending entitlement programs that aren't addressed and many in wall street are concerned it might happen here. >> the president said yesterday he was concerned about wall street and interesting enough that the speaker of the house and the president came out with these statements about the breakdown and the impasse after the markets closed on friday. does that mean that they, as politicians, also have some bottom line concerns about how their statements and their actions in terms of the politics of this, would affect wall street? >> oh, i hope they're well aware, kelly, because certainly wall street has been keeping a close eye on washington. not just the last number of weeks, but for quite some time and why many in wall street, actually say, moving past moody's, s & p the opinion of the rating agencies and focusing on not so much the debt ceiling, but the debt itself and got many questioning, kelly, whether u.s. debt continues to be a good investment even if the compromise on the debt ceiling and potential defaul
they've seen what happens in greece, they've seen the net results of big spending entitlement programs that aren't addressed and many in wall street are concerned it might happen here. >> the president said yesterday he was concerned about wall street and interesting enough that the speaker of the house and the president came out with these statements about the breakdown and the impasse after the markets closed on friday. does that mean that they, as politicians, also have some bottom...
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Jul 30, 2011
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that could be hurt. >> big time. if we lose our triple a rating, it's absolutely going to affect every dollar in this chrism there is no way around it. so everything that we need is going to cost us more. you can remember that our country runs -- we borrow 43% in order for us to survive. any household or any business -- if this is a business, our country was a business, borrowing 43% to survive, i'd shut it down. it doesn't work. >> gregg: all right. i want to ask you about this 'cause i was talking to a gentleman in a department store two days ago. 86 years old. he really needs his social security check. he's really, really worried about that. the president has sort of suggested that he might have to cut off social security checks. how realistic is that? >> i hate this. i hate the scare tactics that this man continues to do. if you are over 55 years old, you are not impacted by this. it's for the people under 55 who will have a choice in the matter. that's reality. what he's doing is trying to rattle everybody's cag
that could be hurt. >> big time. if we lose our triple a rating, it's absolutely going to affect every dollar in this chrism there is no way around it. so everything that we need is going to cost us more. you can remember that our country runs -- we borrow 43% in order for us to survive. any household or any business -- if this is a business, our country was a business, borrowing 43% to survive, i'd shut it down. it doesn't work. >> gregg: all right. i want to ask you about this...
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Jul 24, 2011
07/11
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there is a big difference. i'll continue that and you made a comment about the economy and interest rates in terms of what is happening. understand why is it that countries such as china and japan who have $2 trillion of our debt, why is it they are happy to buy at zero interest? they are buying the country and economy and world leadership. they are not buying the treasury performance they are buying our country's performance. >> gregg: legendary investor stanley drukenmiller he says it's not going to be catastrophic. he says the bigger danger than a technical default is raising the debt ceiling without any conditions to control spending. he is right? >> he is right. i'll take it further. what is wall street wants? wall street doesn't want answers they want clarity. show a flame work. i think we'll be fine. >> gregg: thank you on. >> heather: new details of two deaths of a pharmaceutical executive. you may remember the girlfriend found dead hanging from a balcony in the mansion. six-year-old son apparently died
there is a big difference. i'll continue that and you made a comment about the economy and interest rates in terms of what is happening. understand why is it that countries such as china and japan who have $2 trillion of our debt, why is it they are happy to buy at zero interest? they are buying the country and economy and world leadership. they are not buying the treasury performance they are buying our country's performance. >> gregg: legendary investor stanley drukenmiller he says it's...
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Jul 23, 2011
07/11
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president obama has shown he is willing to get big things done. take on the big issues. he's shown that with the historic health care reform bill that he was able to get passed, when many other presidents have not. republicans know this as well as anybody that's why they are throwing up roadblocks at every opportunity to prevent him from getting something big done. >> heather: how about this, if by some miracle of miracles we reach agreement in time, who gets the credit? not necessarily who is to blame. who gets the credit if we manage to do this? >> the media will make it out president obama's leadership. the reality is we have to compromise. tax hikes -- are not a solution. we have to go dollar for dollar debt sealing to debt and cut it. and move on from there. >> heather: christie? >> i think that president obama will be seen as the responsible leader in these negotiations. republicans have walked away from the table. they've left him at the alter, if you will. >> you guys are in control of washington, not us. >> americans are seeing the irresponsible lengths that rep
president obama has shown he is willing to get big things done. take on the big issues. he's shown that with the historic health care reform bill that he was able to get passed, when many other presidents have not. republicans know this as well as anybody that's why they are throwing up roadblocks at every opportunity to prevent him from getting something big done. >> heather: how about this, if by some miracle of miracles we reach agreement in time, who gets the credit? not necessarily...